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News & Trends

Earnings
Block Sees Both Banking and Bitcoin Driving Future Growth 

Block, owner of Cash App and Square, is also a huge owner of bitcoin.  This,...

1 min ago
Earnings
Mercado Libre’s Investments in Mexico Propel Earnings

Saying that its “ecosystem is our competitive strength,” Latin American payments...

19 mins ago
artificial intelligence
Microsoft Bans Police Use of AI Service for Facial Recognition

Microsoft has banned police departments from using its Azure OpenAI Service for facial recognition...

57 mins ago
B2B Payments
Big Innovations Powering Small Business Growth Dominate This Week in...

It is National Small Business Week in the U.S., and the spotlight...

1 hour ago
Cybersecurity
New UK Law Spotlights Weak Security Features in Smart Devices

Cybercriminals exploit various avenues to target consumers, with one particularly vulnerable...

1 hour ago
Economy
Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 

This week, the Federal Reserve announced it will keep its benchmark...

2 hours ago
Real-Time Payments
Chase’s New SMB Offerings Point to Appeal of Ad Hoc...

In B2B interactions, faster payments — especially ad hoc payments —...

2 hours ago
Retail
UK Consumers Love to Shop From the Comfort of Their...

Shoppers in the United Kingdom love eCommerce, disproportionately preferring to make...

3 hours ago
Investments
Pleo Secures $43 Million Facility to Expand Credit Offering

Pleo has secured a 40-million-euro (about $43 million) debt financing facility from HSBC...

3 hours ago
Authentication
Orum Debuts 'No Code Verify' to Combat Failed Payments 

Payments firm Orum has debuted a tool to help clients prevent failed payments....

3 hours ago
Investments
Tuza Raises $5 Million for Business Card Payments Comparison Site

London-based Tuza secured 4 million pounds (about $5 million) in seed funding for...

3 hours ago
Credit Cards
Synchrony Expands CareCredit to More Dental Practices

Consumer financial services company Synchrony has teamed with dental practice-focused healthcare firm Affordable Care....

4 hours ago
Loyalty & Rewards
Simple Credit Rewards Work for Older Generations, but Not Gen...

More than 80% of credit card users now receive reward offers...

4 hours ago
Payment Methods
Worldpay Launches Tap-to-Pay Offering for Merchants

Payment facilitators (PayFacs) using Worldpay’s services can now offer their merchants tap-to-pay...

4 hours ago
artificial intelligence
Oracle Adds AI-Powered Vector Search to Converged Database

Oracle, a provider of integrated suites of applications and secure infrastructure...

4 hours ago
Cybersecurity
US Firms Are Main Targets for Cyberattacks, Intelligence Chief Tells...

Director of National Intelligence Avril Haines told Congress Thursday (May 2) that there...

4 hours ago
Retail
Gen Z Car Buyers Shop Digitally but Complete Purchases in...

Consumers — especially younger generations — are conducting more and more...

4 hours ago
SMBs
Amazon Launches Grants, Education Hub for Small Business Owners

Amazon’s B2B procurement store is rolling out new resources designed to...

5 hours ago
Data
Banyan to Add Item-Level Data Capabilities to WEX Virtual Payments

Banyan has announced a new partnership with WEX. “As a B2B...

5 hours ago
Earnings
Peloton Layoffs Point to Economic Pressures on Connected Fitness Marketplace 

Peloton made headlines on Thursday (May 2) as it announced the launch...

5 hours ago
artificial intelligence
Analysis: Microsoft’s $2.2 Billion AI Bet May Boost Malaysia’s Tech...

Microsoft will inject $2.2 billion into Malaysia’s burgeoning cloud and artificial...

5 hours ago
Acquisitions
Fraud Prevention Firm BioCatch Acquired by Permira

Israeli fraud/financial crime prevention provider BioCatch has been acquired by private equity company Permira. ...

5 hours ago
SMBs
Chase Debuts Tools for Small Business Payment Pain Points

Chase introduced a series of payments-oriented tools aimed at small- to medium-sized businesses (SMBs)....

6 hours ago
Amazon
Amazon’s AI Ambitions Help Fuel Q1 Earning Surge

Amazon reported strong financial results for the first quarter of 2024, as...

6 hours ago
Delivery
Instacart Becomes Kohl’s Same-Day Delivery Partner, Continues Expansion Beyond Grocery

Instacart has become the exclusive same-day delivery partner of Kohl’s. With Kohl’s now...

7 hours ago
Legal
Uber Sued for $312 Million by London Cab Drivers

Uber is reportedly facing a $312 million lawsuit from drivers of London’s...

7 hours ago
Mobile Wallets
55% of High-Earning Consumers and 79% of Gen Z Use...

Whether shopping online or in person, an increasing number of consumers...

7 hours ago
Economy
Initial Claims for Unemployment Unchanged, Signaling ‘Fairly Tight’ Labor Market

The number of initial claims for unemployment insurance held steady during...

7 hours ago
B2B Payments
Checkout.com and Mastercard Offer Virtual Cards for Travel Agents

Checkout.com has teamed with Mastercard to offer virtual cards to online travel agents.  “As...

8 hours ago
eCommerce
Competing With Giants: How Small Businesses Can Optimize Their eCommerce...

This National Small Business Week, merchants are increasingly moving beyond Main...

8 hours ago
Payments Innovation
Payment Networks Spotlight Rise of Tokenization and Contactless Payments

Four years ago, the pandemic began to give wings to contactless...

8 hours ago
Personnel
Peloton CEO Barry McCarthy Steps Down as Company Begins Restructuring

Peloton Interactive has begun a search for a new CEO and announced...

8 hours ago
Startups
UK’s Non-London FinTechs Fight for Funding

In the north of England, the Manchester area has a booming...

9 hours ago
Economy
Fast-Food Slowdown May Mean Steeper Promotions

It’s been a season of slowing sales for quick-service restaurants (QSRs)....

10 hours ago
artificial intelligence
Europe’s AI Paradox: Slow Adoption, Big Ambitions

Despite Europe’s reputation as a tech laggard, a cadre of companies is...

10 hours ago
Loans
Small Businesses Owe $59 Billion From COVID Disaster Loans

The Small Business Administration (SBA) loaned out $390 billion to keep companies afloat...

11 hours ago
Mastercard
Mastercard Expands Start Path Program to Boost Payment Acceptance

Mastercard has welcomed six startups to its Start Path program focused...

13 hours ago
Faster Payments
12 Charts Tell the Story of Instant Payments

Instant payments have taken center stage more and more in recent...

15 hours ago